Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The rules may make provision for and in relation to empowering the Regulator to cancel the registration of a registered biodiversity project.
Note: For review of decisions, see Part 20.
(2) Rules made for the purposes of subsection (1) must not empower the Regulator to cancel a registration unless:
(a) the Regulator is satisfied that any of the following circumstances exist:
(i) the project proponent has died or ceased to exist, and there are no other project proponents for the project;
(ii) the project is not being carried out (except to the extent that this is in accordance with the methodology determination that covers the project); and
(b) 90 days pass after the circumstances began to exist, and the Regulator is not satisfied, at the end of that 90 - day period, that the circumstances have ceased to exist.
(3) Rules made for the purposes of subsection (1) must require the Regulator, in a case where there is a project proponent for the project, to make reasonable efforts to consult the project proponent for the project before deciding to cancel the registration.